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DiNapoli Restricts Investments in 21 Shale Oil & Gas Companies
… Corp., that have failed to demonstrate they are prepared for the transition to a low-carbon economy, New York State … in 2007, DiNapoli has been recognized as a global leader for his efforts to protect the Fund’s investments, address … change and pursue sustainable investment opportunities for the Fund. In 2019, DiNapoli released a Climate Action …
https://www.osc.ny.gov/press/releases/2022/02/dinapoli-restricts-investments-21-shale-oil-gas-companiesSelected Financial Management Practices
… and collection activities, procurement and contracting, payroll, and financial planning and budgeting. The audit … credit (LOC) to cover its basic operating costs including payroll. In some cases, other State agencies have paid ORDA's …
https://www.osc.ny.gov/state-agencies/audits/2014/07/09/selected-financial-management-practicesHazard Mitigation and Coordination (Follow-Up)
… New York City Emergency Management (NYCEM) is responsible for coordinating citywide emergency planning and response for all types and scales of emergencies, including … plans that provide guidance to agencies on how to prepare for, conduct, and assess emergencies. In addition, Continuity …
https://www.osc.ny.gov/state-agencies/audits/2024/05/08/hazard-mitigation-and-coordination-followNY Received More From Washington Than It Sent Due to Federal Relief
… New York state generated $361.8 billion in federal taxes and benefited from $383 billion in federal spending. For … were Massachusetts, New Jersey, Washington, New Hampshire, and California. In FFYs 2020 and 2021, all states had a positive balance of payments. New …
https://www.osc.ny.gov/press/releases/2024/04/ny-received-more-washington-it-sent-due-federal-reliefPublic Health – 2023 Financial Condition Report
… Heights Individuals covered by the State Medicaid program rose by 214,090 (2.8 percent) to nearly 7.8 million by the …
https://www.osc.ny.gov/reports/finance/2023-fcr/public-healthDiNapoli: New York's Higher Education Sector Boosts State and Local Economies, but Job Recovery Lags
… $8.3 billion in 2022. New York ranks third nationally for consumer spending on higher education, behind California … were $73,396 compared to average annual wages of $91,320 for all sectors statewide. The average wage at public … Technology (CAT) programs, which provide monetary support for R&D and act as a conduit for translating such R&D into …
https://www.osc.ny.gov/press/releases/2024/09/dinapoli-new-yorks-higher-education-sector-boosts-state-and-local-economies-job-recovery-lagsDiNapoli: NYS Pension Fund Commits an Additional $2.4 Billion Through Sustainable Investment Program
… water systems though investments in aging infrastructure, energy efficiency, and renewable energy, primarily in North America. $150 million to the Vision Ridge Partners Sustainable Asset Fund IV , a fund targeting … of energy sector investments that face significant climate risk. The Fund will continue to restrict its investments in …
https://www.osc.ny.gov/press/releases/2025/04/dinapoli-nys-pension-fund-commits-additional-24-billion-through-sustainable-investment-programOpinion 88-30
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The opinion … district connect to the water district water system. You state that the town is in the process of establishing a water … "It is the commonest exercise of the police power of a state or city to provide for a system of sewers, and to …
https://www.osc.ny.gov/legal-opinions/opinion-88-30DiNapoli: Too Many Subway Stations Need Repairs
… paint leave riders with a low opinion of the transit system.” DiNapoli’s office examined data from New York City … repairs; Just 51 stations (11 percent) of the subway system’s 468 stations met NYCT’s minimum standards for both … 5 percent to 4 percent; Nearly one-in-five of the subway system’s 176 escalators and 217 elevators are beyond their …
https://www.osc.ny.gov/press/releases/2014/10/dinapoli-too-many-subway-stations-need-repairsDiNapoli: Wall Street Bonuses Declined in 2010
… and bonuses) in 2010, which is in line with historical shares before the financial crisis but much higher than the …
https://www.osc.ny.gov/press/releases/2011/02/dinapoli-wall-street-bonuses-declined-2010DiNapoli: New York on Better Financial Footing
… and financial practices and an improved economy, according to a report on the 2014-15 state Financial Plan released … York State Comptroller Thomas P. DiNapoli. More remains to be done to align recurring revenues with recurring spending and to …
https://www.osc.ny.gov/press/releases/2014/07/dinapoli-new-york-better-financial-footingOpinion 95-18
… cemetery in lieu of the yearly assessment provided for by Village Law, §15-1506. You ask whether a village, in … by villages. Section 15-1502 prescribes the procedure for the sale of burial lots but is silent with respect to the … fees. Further, while there is express authority for a village to impose upon lot owners a yearly …
https://www.osc.ny.gov/legal-opinions/opinion-95-18Debt – 2021 Financial Condition Report
… voter-approved general obligation debt, a decrease of 11.9 percent since SFY 2016-17. $58.7 billion of … $70.7 billion of State-Funded debt, an increase of 15.1 percent since SFY 2016-17. This is the State … billion of new issuances of State-Supported debt; and $20.6 billion of State-Supported debt retirements. The SFY …
https://www.osc.ny.gov/reports/finance/2021-fcr/debtThe Changing Face of Post-Pandemic New York City
… significant policy implications moving forward, according to a report released today by New York State Comptroller Thomas P. DiNapoli. “Ongoing changes to the city’s makeup have important implications for the … about the cost of living, the growing wealth gap, the need to preserve a strong middle class, and the challenges of …
https://www.osc.ny.gov/press/releases/2023/12/changing-face-post-pandemic-new-york-cityOpinion 88-71
… v Mayor Etc., of the City of New York 25 Misc 219, 55 NYS 50, affd 40 App Div 331, 57 NYS 1039, 160 NY 691). There is sufficient consideration for … consideration ( Dovale v Ackerman , 11 Misc 245, 33 NYS 13). Although a municipality has the authority to …
https://www.osc.ny.gov/legal-opinions/opinion-88-71Opinion 88-9
… WATER DISTRICTS -- Improvement of Facilities (procedure for acquisition of real property by district governed by separate board) IMPROVEMENT DISTRICTS -- …
https://www.osc.ny.gov/legal-opinions/opinion-88-9DiNapoli: State Needs to Better Protect Water Supply Infrastructure Against Natural Disasters, Cyberattacks and Terrorism
… New York’s Health Department (DOH) and Division of Homeland … and Emergency Services (DHSES) can do more to protect the state’s water systems from attacks and the threats posed by … found that while most water systems had submitted plans, a number of them were over a decade old and some had never …
https://www.osc.ny.gov/press/releases/2023/06/dinapoli-state-needs-better-protect-water-supply-infrastructure-against-natural-disastersArkville Fire District – Internal Controls Over Financial Activities (2015M-65)
… of the financial activity to safeguard District assets for the period January 1 through December 31, 2014. … general fund budget totals approximately $35,000 for the 2015 fiscal year. Key Findings The Board has not …
https://www.osc.ny.gov/local-government/audits/fire-district/2015/07/03/arkville-fire-district-internal-controls-over-financial-activities-2015m-65Vestal Fire Department – Financial Activities (2014M-265)
… internal controls over selected financial activities for the period January 1, 2013 through June 30, 2014. … often disbursed moneys before expenditures were approved for payment. Key Recommendations Ensure that officers are …
https://www.osc.ny.gov/local-government/audits/fire-company-or-department/2014/12/24/vestal-fire-department-financial-activities-2014m-265What is the Real Property Tax Cap?
… data to compute the tax cap; and establishing requirements for reserves of excess funds. For more information, see Overview of the Office of the New …
https://www.osc.ny.gov/local-government/property-tax-cap/what-real-property-tax-cap